The valuation report is perfect; it is a very clear and precise and has allowed us to make an informed decision about our purchase thanks for acting so quickly.

Mr. Timothy Briscoe Paddington, QLD

Strata Building Replacement Cost

Each and every strata unit owner in Brisbane and surrounding areas or for that matter anywhere in Australia is governed by the Strata Titles Act. The valuations of properties bought under this act are quite complex because apart from other things there also is the element of replacement cost involved in it.

We would like to enlighten our customers a bit more about these replacement costs. Whether it is strata building or ordinary building with the passage of time there is the need to undertake repairs and renewals. Over a period of time you could have no other option but to replace the entire unit. Hence, there is a need to have the same insured and for this reason the strata buildings need to be valued on a regular basis.

A report on such valuations, done by third parties, needs to be submitted to the respective local government agencies. The reports should be accurate and perfect to ensure that there is no under valuation or over valuation of the entire strata unit. This calls for the valuations to be done by expert valuers and we are without doubt a leading valuer as far as Brisbane and surrounding areas are concerned.

A number of other factors also go in our favour as far as strata replacement cost valuations are concerned:

• We are registered and government approved valuer. Hence we are better equipped to value such strata units without any error.
• We have separate teams to help us in such valuations and this makes us comfortable as far as dealing these sensitive valuations.
• In many cases we also educate our customers and remind them about the need for going in for such valuations on a regular basis for two reasons. One to keep in line with statutory reporting requirements and secondly to avoid under valuation which is a big problem.

Meet one of our experts today itself to avail any of the mentioned service. Get our reliable, instant and free quotes today itself. You can get your quotes by calling us at (07) 3123 7147, you can also write to us at You can simply fill in the details on our Contact Us page and we will get back to you quickly.

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